Fundraising Fox
SGInnovate
Government fundSingapore · Pre-Seed–Series A · 23 people tracked
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Investment thesis
SGInnovate focuses on growing Singapore's deep tech sector by investing in startups working on emerging technology domains that tackle significant challenges. Beyond capital, it takes an ecosystem approach: nurturing talent at every career stage via traineeships, courses, and job opportunities, and forging connections between businesses, organizations, and talent to catalyze innovation. It supports deep tech companies across diverse domains and cultivates a large deep tech community in Singapore.
Source: firm website, verified Sep 27, 2026.
Team · 23 people
from the firm's website
What they invest in
from 25 of 27 portfolio companiesAI & Machine Learning ×13Enterprise Software ×6SaaS ×6Climate Tech ×5Deep Tech ×5Biotech ×4Cleantech ×4Fintech ×4
HQs:Singapore×17United States×5United Kingdom×1Ireland×1Israel×1
Who they back
founder profiles across 8 portfolio companiesFounding team size:solo founder×22 founders×53 founders×1
Where their founders studiedfrom 12 founders with education data
National University of Singapore ×4
What their founders studiedfrom 11 founders with field-of-study data
Computer Science ×4Engineering ×4Physics ×2
Where their founders worked beforefrom 12 founders with career history
Microsoft ×3
Accelerator rootsportfolio companies that came through a program
Investments · 27 tracked
founders shown can be your intro pathBy year:2025 · 32022 · 12021 · 22019 · 410 dated
Accelerated Materials develops microreactor platforms for the synthesis and scaled production of nanomaterials, serving R&D teams and manufacturers moving from laboratory to commercial volumes.
Advanced ManufacturingAI & Machine LearningDeep TechNew MaterialsCambridge, GB
Nicholas A. Jose(Founder)in
Co-investorsUntroD Capital
Ackcio builds wireless monitoring systems and devices for industrial and geotechnical operations, used above ground and below ground to increase safety, manage risk, and monitor critical infrastructure.
Advanced ManufacturingConstruction TechEnterprise SoftwareHardwareIoTSingapore, SG
Mobashir Mohammad(Co-founder and CEO)inNimantha Baranasuriya(Co-founder and Non-Executive Director)inKenny Wang(COO)in
Co-investorsAngelCentralEntrepreneur FirstFoundamentalWavemaker PacificWavemaker PartnersAtlas Ventures+1 more
Affable built analytics software that applied computer vision to social media content in order to score and rank influencers on audience fit and engagement.
Enterprise SoftwareMarketing TechSingapore, SG
Nisarg Shah(CEO)inSwayam Narain(CTO)in
Co-investors100x Entrepreneur FundAngelCentralEntrepreneur FirstMarlin Equity PartnersDecacorn CapitalPrime Venture Partners
Ai Palette is an AI-powered consumer insights platform for CPG brands, using billions of data points from search, social, and e-retail sources to identify trends and generate product and marketing concepts.
AI & Machine LearningData & InfrastructureLogistics & Supply ChainMarketing TechMedia & EntertainmentRetail TechSaaSSingapore, SG
Som GanChoudhuri(CEO)inHimanshu Upreti(Cofounder)inSOMSUBHRA CHOUDHURI
Co-investors500 GlobalAgFunderEntrepreneur FirstExfinity VenturesKickstart InnovationTin Men Capital+2 more
AID:Tech delivers international aid and payments using blockchain technology, with a focus on digital identity.
AI & Machine LearningCrypto & Web3Deep TechDigital HealthFintechImpact & Social GoodDublin, IE
Niall(Co-founder)Fintan(Co-founder)
Co-investorsPix Vine CapitalTaisu VenturesTechstarsEmurgo Ventures
Allay Therapeutics develops localized pain management technology designed to deliver several weeks of post-surgical pain relief.
BiotechHealthtechMedical DevicesSan Jose, US
Adam Gridley(Executive Officer, Director)inKristen Howells(Executive Officer)inJosh Makower(Director)Tak Cheung(Director)inKarun D. Naga(Executive Officer, Director)
BoardLeighton Read(Director)
Co-investorsArboretum VenturesLightstone VenturesNew Enterprise Associates (NEA)ClavystBioEvonik Venture Capital GmbH
Amai develops novel proteins through precision fermentation, starting with a sweet protein derived from nature that can reduce sugar in food products by 40-70% while maintaining taste.
AI & Machine LearningBiotechFoodTechNew Materials
Co-investorsWelltech VenturesJapan AngelsK3 VenturesK3V VenturesZORA
Archisen designs and operates controlled-environment agriculture farms in Asian cities to grow ultra-fresh produce for retail partners.
AgTechAI & Machine LearningFoodTechIoTSingapore, SG
Sven Yeo(Founder)inVincent Wei(Founder)in
Co-investorsThe Yield Lab Asia PacificThe Yield Lab
Atomionics builds quantum-grade gravity sensors (GRAVIO) and AI-powered 3D subsurface modeling (ORE-O) to map underground geology and locate mineral deposits.
AI & Machine LearningClimate TechDeep TechEnergyMobility & TransportationQuantum ComputingSingapore, SG
Sahil Tapiawala(CEO)inRavi Kumar(CTO)in
Co-investors500 GlobalEntrepreneur FirstIn-Q-TelVU Venture PartnersWavemaker PartnersBHP Ventures+1 more
AutoWealth provides corporate retirement and wealth management technology solutions for employers, offering customizable investment plans and dedicated wealth management support for employee pension and savings programs.
AI & Machine LearningFintechHR TechSaaSSingapore, SG
Ow Tai Zhi(CIO & CEO)inNoel Lee(COO)inMichael Ngien(CTO)in
Bot MD builds AI agents that help hospitals automate patient engagement workflows—including inquiries, booking, education, and monitoring—across messaging channels.
AI & Machine LearningDigital HealthHealthtechSingapore, SG
Dorothea Koh(Founding CEO)inYanchuan Sim(CTO)inDotinYan Chuan Sim(Founder)Ajay Nagarajan(Engineering Manager)Damien Neveu(Vice President Engineering)
Co-investorsFloodgateJG Digital Equity VenturesLayout VenturesMonk's Hill VenturesSeaX VenturesVerge HealthTech Fund+2 more
Zoom offers an AI-first work platform for video communication and collaboration, used by businesses for meetings, contact center operations, and customer engagement.
Cloud ComputingEnterprise SoftwareFuture of WorkSaaSSan Jose, US
Darin Brown(Executive Officer, Director)David Kerr(Director)Eric Tobias(Director)Kelly Shearon(Director)
BoardScott D. Dorsey(Director)
Co-investorsBase PartnersBethnal Green VenturesEIT Urban Mobility AcceleratorElevate VenturesHorizons VenturesICONIQ+5 more
GoComet builds an AI-native platform for global trade and freight logistics, mapping a company's shipping process and running it end to end.
AI & Machine LearningLogistics & Supply ChainSaaSSingapore, SG
Ayush Lodhi(Founder)inChitransh Sahai(Founder)inGautam Prem Jain(Founder)inMehul Katiyar(Founder)in
Co-investorsAtlas VenturesIndia QuotientJetty VenturesLeo Capital VenturesRebright PartnersLeo Capital
Greenitio develops bio-based specialty ingredients that replace petrochemical and microplastic-based materials in cosmetics and personal care, using a patented green chemistry platform to convert natural polymers into biodegradable alternatives.
BiotechCircular EconomyCleantechClimate TechNew MaterialsSingapore, SG
Amit Khan(CEO)inSusmita Roy(Cofounder)inPaul Ceralde(Cofounder)inDidier Vermeiren(COO & Chief Strategy)in
Co-investorsBetter Bite VenturesEntrepreneur FirstSilverstrand Capital
Konigle deploys AI agents alongside dedicated human "AI Operations Engineers" to automate and run business workflows for small, medium, and mid-market companies.
AI & Machine LearningEnterprise SoftwareMarketing TechRetail TechSaaSSingapore, SG
Jatin Khosla(CEO)inAshish Kumar(Cofounder)in
Co-investorsEntrepreneur FirstWavemaker Partners
Lotus provides a pricing and billing platform that helps API-based companies automate usage-based pricing models, with features spanning metering, invoicing, and pricing testing; it offers both an open-source self-hosted version and paid cloud/enterprise tiers.
Enterprise SoftwareFintechSaaSNew York City, US
Mikael Nida(Founder)inDiego Escobedo(Founder)in
Co-investorsY CombinatorBBQ Launcher Fund 0.1Cory LevyCresset CapitalTwenty Two Ventures
Lucence develops blood-based diagnostic tests for early cancer detection, hereditary and health risk assessment, treatment selection, and treatment response monitoring.
AI & Machine LearningBiotechDigital HealthHealthtechLongevitySingapore, SG
Co-investorsOpenspace VenturesGenesis Alternative VenturesHeliconia Capital
Pencil is an AI operating system for marketing that aggregates multiple AI models (from OpenAI, Google, Adobe, Runway, and Bria) into one orchestration layer with enterprise governance controls.
AI & Machine LearningEnterprise SoftwareMarketing TechSingapore, SG
Will Hanschell(CEO)inSumukh Avadhani(CTO)in
Co-investorsBrandtech VenturesEntrepreneur FirstWavemaker PartnersArtesianCatapult VenturesMartlet Capital+6 more
Propine provides custody services for digital assets held by institutions.
Advanced ManufacturingLogistics & Supply ChainSingapore, SG
Tuhina Singh(CEO)inZan Wong(Founding CTO)in
Co-investorsEntrepreneur FirstWoodstock FundChainFund CapitalDecacorn CapitalLuneX Ventures
Resync provides an AI-driven energy management platform that monitors real-time energy data and uses predictive controls and automation to optimise energy use and indoor comfort in buildings.
AI & Machine LearningCleantechClimate TechEnergySingapore, SG
Emir Nurov(CEO)inJayantika Soni(CTO)in
Co-investorsAugust OneEntrepreneur FirstPresightGGV CapitalGranite AsiaPrasetia Dwidharma
Seed offers mobile banking services tailored to small business owners, providing digital banking tools and support services for business management.
FintechSan Francisco, US
Brian Merritt(CEO)inRyan Hildebrand(Founder)inAra Katz(Founder)Raja Dhir(Founder)
Co-investorsMission and MarketY CombinatorArtis VenturesAtomicoBold Capital PartnersBoxGroup+16 more
SpeQtral develops quantum key distribution technology for secure communications, offering both satellite-based and fiber-optic terrestrial solutions to protect critical infrastructure against quantum computing threats.
CybersecurityQuantum ComputingSpace TechSingapore, SG
Robert Bedington(Founder)in
Co-investorsBatshit Crazy VenturesGolden Gate VenturesXoraShasta VenturesSpace Capital
SunGreen makes nanoengineered electrodes, porous transport layers and stacks using its NanoFuzeX platform, which fuses catalyst into a porous metal substrate without a polymer binder or platinum-group metals.
CleantechClimate TechEnergyNew MaterialsSingapore, SG
Tulika Raj(CEO)inSaeid masudy panah(CTO)in
Co-investorsEntrepreneur FirstVinci BVSOSV
Transcelestial provides laser-based free-space optics (FSO) communications hardware for restoring network connectivity after disasters, offered as a portable, self-contained kit.
Cloud ComputingDeep TechDeveloper ToolsHardwareMedia & EntertainmentSpace TechSingapore, SG
Rohit Jha(CEO)inMohammad Danesh(CTO)in
BoardYuichiro Hikosaka
Co-investors500 GlobalAirTree VenturesBeyond Earth VenturesCapria VenturesChampion Hill VenturesEntrepreneur First+11 more
Vycarb builds an aqueous chemical reactor and real-time sensing system that convert industrial CO₂ into stable bicarbonate using water, permanently storing carbon.
CleantechClimate TechDeep TechNew York, US
Garrett Boudinot(Founder & CEO)inGreg Humphries(Chief Operating Officer)inDT Wang(Head of Development)inStephen Jolly(Head of Product)in
Co-investorsBrincBuff Gold VenturesCollaborative FundFIGR VenturesFounders Factory NYMOL Switch+3 more
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
Aida TechnologiesIPOS International
Portfolio news
latest coverage across their companiesAutoWealth · autowealth.com.sg · Jul 30, 2026
Allay Therapeutics · finsmes.com · Jun 5, 2025
Frequently asked questions
- How many investments has SGInnovate made?
- SGInnovate has 27 tracked investments, 4 of which have exited, including 3 dated in the last 24 months.
- What stage does SGInnovate invest at?
- SGInnovate invests at the Pre-Seed, Seed, Series A stages.
- What sectors does SGInnovate focus on?
- SGInnovate focuses on Advanced Manufacturing, AgTech, AI & Machine Learning, Biotech, Cleantech, Crypto & Web3, Cybersecurity, Deep Tech, Energy, Fintech, FoodTech, Medical Devices, Mobility & Transportation, New Materials, Quantum Computing, Semiconductors, Space Tech.
- Where is SGInnovate located?
- SGInnovate is headquartered in Singapore, SG.
- Does SGInnovate lead rounds?
- SGInnovate has led 3 of the 14 rounds where its role is on record.
- Who does SGInnovate co-invest with?
- SGInnovate most often shares deals with Entrepreneur First, 500 Global, AngelCentral, among 27 tracked co-investors.
Media · Podcasts & interviews
featuring the teamExcellerator 2023: Dr Lim Jui, CEO of SGInnovate
GlobalBiotechRevolution · Dr Lim Jui
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